Post
Topic
Board Bitcoin Discussion
Re: 134k unconfirmed transactions now. I'm starting to get really worried about this
by
Coldsnap4457
on 13/11/2017, 17:42:03 UTC
The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or commerce?

That is why you are paying much because of the damn traffic.
As long as you will pay more you will be the priority.
Pfft and you just knew tht now?.
I am not worried until now. This things already happened before.
 Are all who comments hdre are newvbies?

Are you saying that Bitcoin is going to become less popular because traffic is going to down?  What happens when Bitcoin becomes more popular?  Will I pay $80 fees to get my BTC sent in a fast time?

Here's the latest block mined:  https://blockchain.info/block/0000000000000000000df6d1c8c0ddd830af3e56d53d03dee729196f57ae7397

Transactions Fees:  2,691.49305778 BTC

Number of Transactions:  2159

Average fee per transaction:  0.001755369 BTC

If BTC = $6,500, then average fee is $11.41.

A paper check in an envelope is cheaper.